The energy company E.ON has begun flood protection measures, and in case of an emergency during the Danube flood wave, the power will be switched off immediately, the company told MTI on Tuesday. Eexperts of the group, responsible for the operation of the electricity network of Transdanubia, Pest county and Budapest, are in constant contact […]
Rents continued to rise in August: they increased by 0. 5% nationwide compared to the previous month, while in Budapest they remained unchanged, according to the Central Statistical Office (KSH) and the ingatlan.com rent index. Data published on the KSH website show that rents in August rose by 9.9% and 9.1% year-on-year nationally and in […]
The Minister of Public Administration and Regional Development, Dr, Tibor Navracsics, has met – in Lajoskomárom, southwest of Budapest – with rural business leaders at an event of the Modern & Stylish Rural Business Community (MSVK), which now brings together nearly 60 businesses. The theme of the day was current and future issues of regional […]
One of China's largest and most famous international economic fairs will be held in Xiamen in the coming days, and Hungary will be the guest of honor after Chinese President Xi Jinping personally invited Hungary to participate during his visit to Budapest, Levente Magyar, Parliamentary State Secretary of the Ministry of Foreign Affairs and Trade, […]
BMW is to build the largest solar power plant in Hungary and the largest of its group in Debrecen (E Hungary). It will occupy an area of 71 soccer fields, will be the largest within the group and will also be Hungary's largest industrial solar power plant, the Hungarian Minister of Foreign Affairs and Trade, […]
The Embassy of Switzerland in Budapest is organizing Swiss Days in Helvécia and Kecskemét in cooperation with its local partners and the local governments of the two Eastern Hungarian municipalities. On September 6 and 7, Switzerland will be the guest of the Harvest Days in Helvécia, followed by a week-long program in Kecskemét between September […]
PwC Hungary has announced the appointment of ten new directors. All appointments are effective as of September 1. The new directors are Andrea Csiszár, Liliya Meshcheryakova, Krisztina Sótonyi and Viktor Trubnikov in Assurance; Árpád Kelemen and András Szabó in Advisory and Technology Consulting; and Norbert Czilják, Rita Szalay, Zsolt Topánka and Péter Zalai in Tax […]
More and more people in Hungary have some money left over from their income at the end of the month, and fewer and fewer are forced to borrow from family, friends, relatives, financial institutions and financial service providers, according to a representative survey of 4,500 people commissioned by Provident Financial Ltd. However, recent data show […]
With the rise of trends such as the globalisation of business, teleworking and coworking, the technologies to support employees have evolved significantly, changing the physical space they need. Smart building technologies are becoming a key enabler in more and more offices because the connectivity they provide allows employees to make more efficient use of space […]
Indotek Group, a Budapest-based European real estate investment and asset management company, has acquired the Espacio León shopping center owned by US fund management company Blackstone Inc. for almost EUR 50 million, the real estate investor told MTI on Monday. According to a statement from Indotek, the acquisition of one of the leading retail centers […]
Rossi Biofuel Plc., partially owned by the Hungarian oil and gas company Mol, is already capable of producing more than 200,000 tons of biofuel per year. A statement issued on the occasion of the International Day of Biodiesel points out that the Mol Group, through its long-term strategy called "shape tomorrow," is increasingly focusing on […]
Based on the number of transactions, the previous month was the strongest month on the real estate market this year, surpassing July 2023 and 2022, the real estate broker Duna House announced. According to the real estate broker's estimate, 11,538 residential properties changed hands in July, which is an increase of 23.7% in monthly comparison […]
The fact that the time required to sell residential properties has decreased clearly shows the revival of the housing market, the Hungarian real estate site ingatlan.com reported. Based on their data, the apartments offered for sale in the second quarter were sold in an average of 94 days, while in the first quarter it took […]
Hungarian FloeWater's bottled water was a major success on the international market, winning the prestigious Monde Selection gold medal. This new, revolutionary product, which appeared on the market this year, was also proven before the experts of the food certification institute, the company said in a statement. Operating since 1961, Monde Selection, one of the […]
The four new boats of Balatoni Hajózási Zrt. (Bahart Plc.) received prestigious international recognition just a few months after they were put in operation. The new boats won the world's most prestigious design award, the RED DOT Design Award, as well as the renowned international iF Design Award. The former can be won by excellence […]
